Good morning, guys, here's the sp y four hour chart draw trend line. Next close, the statistical deviation down draw a trend line change time frame one year, one day close the statistical level to all trend line. Close the statistical level draw a trendline. By doing that, we create these two zones, one on the upside and one on the downside for markets to be bullish.
The spy has to clear that top level and hold above for markets to be ridiculously bearish. It would have to go below the bottom dotted and stay below the bottom dotted, so that would be my max short target for the day, and that would be my max long target for the day. So if the markets go up long then sell into that. If the markets go down short and buy into that, and you could only consider swing long if you're holding above the top - and you can only consider swing short if you're holding below that one.
Only thing I'd try and show are prices levels you're referring to
I think there's a ton of manipulation in the market lately
Who dislikes these videos lol you dont have to watch
Thank you Connor! But I don't see the target price on SPY